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Xiangpiaopiao Food Co (SHSE:603711) Interest Expense : ¥-12 Mil (TTM As of Sep. 2024)


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What is Xiangpiaopiao Food Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiangpiaopiao Food Co's interest expense for the three months ended in Sep. 2024 was ¥ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-12 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Xiangpiaopiao Food Co's Operating Income for the three months ended in Sep. 2024 was ¥ 48 Mil. Xiangpiaopiao Food Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -2 Mil. Xiangpiaopiao Food Co's Interest Coverage for the quarter that ended in Sep. 2024 was 26.02. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Xiangpiaopiao Food Co Interest Expense Historical Data

The historical data trend for Xiangpiaopiao Food Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xiangpiaopiao Food Co Interest Expense Chart

Xiangpiaopiao Food Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.14 -26.40 -37.39 -20.25 -13.66

Xiangpiaopiao Food Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.91 -5.49 -0.73 -4.39 -1.83

Xiangpiaopiao Food Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-12 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xiangpiaopiao Food Co  (SHSE:603711) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Xiangpiaopiao Food Co's Interest Expense for the three months ended in Sep. 2024 was ¥-2 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥8 Mil.

Xiangpiaopiao Food Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*47.638/-1.831
=26.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Xiangpiaopiao Food Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiangpiaopiao Food Co Ltd (SHSE:603711) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Venture Avenue 888, Economic and Technological Development Zone, Huzhou, CHN, 313000
Website
http://www.zjxpp.com
Xiangpiaopiao Food Co Ltd is a tea manufacturer. The company is engaged in research and development, production and sales of food products like tea, instant noodles, and casual peanut products. It manufactures ready to eat packed products.
Executives
Yang Dong Yun Directors, senior managers
Zou Yong Jian Directors, senior managers
Yang Jing Directors, senior managers
Jiang Jian Qi Director
Li Chao Nan senior management
Gou Zhen Hai Directors, senior managers
Cai Jian Feng Director
Wang Qiu Yue Supervisors

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